4 Bedroom
2 Bathroom
1500 - 2000 Sqft
Forced Air
$700,000
Opportunity knocks for you to own a Vacant, Legal, Two Unit Dwelling, registered with the City of Oshawa on a double wide lot. Oozing with old world charm and character, this home is the an ideal investment with upside or the perfect first step on the property ladder. Live in the spacious one bedroom, ground floor unit and rent out the three bedroom upper unit, to pay most of your mortgage, or rent out both units while pursuing the highest and best use of the property. A draft survey has already been completed to pursue Release of Part Lot Control from the City (easier than a severance through the Region) or you can explore the possibility of building a Garage/ Garden Suite on the property. An unfinished basement, with a separate entrance, provides ample storage or an opportunity for a savvy investor to expand. Sweat equity or the patience to pursue development opportunities will add considerable cashflow. Both units had long term tenants but the tenant in the lower unit, who has already vacated, were paying $1383.75 earlier this year and the tenants in the upper unit are currently paying $1869.25 but are planning to vacate November 30th. Nestled in central Oshawa, this property offers unparalleled convenience and accessibility. Proximity to transit, the 401, restaurants, and shopping, at the Oshawa Centre, ensures everyday convenience, while easy access to post-secondary education institutions such as Durham College and UOIT makes it an ideal location for tenants and students alike. Families will appreciate the short walking distance to nearby parks, and schools, offering peace of mind and convenience. **** EXTRAS **** New Electrical: 2014 (including 200 amp service, separate panels & meters for each unit), Furnace: 2016 (has emergency fire shut off), Roof: 2015, HWT: 2017, Plumbing: Updated in 2015, Separate Laundry (Upper machines replaced in 2022) (id:57557)
Property Details
MLS® Number
|
E10440847 |
Property Type
|
Single Family |
Community Name
|
Vanier |
Amenities Near By
|
Hospital, Park, Public Transit |
Community Features
|
School Bus |
Equipment Type
|
Water Heater |
Features
|
Flat Site, Paved Yard, In-law Suite |
Parking Space Total
|
6 |
Rental Equipment Type
|
Water Heater |
Structure
|
Deck, Porch |
Building
Bathroom Total
|
2 |
Bedrooms Above Ground
|
4 |
Bedrooms Total
|
4 |
Amenities
|
Separate Electricity Meters |
Basement Development
|
Unfinished |
Basement Features
|
Separate Entrance |
Basement Type
|
N/a (unfinished) |
Construction Style Attachment
|
Detached |
Exterior Finish
|
Brick |
Fire Protection
|
Smoke Detectors |
Flooring Type
|
Tile, Hardwood, Vinyl, Laminate |
Foundation Type
|
Poured Concrete |
Heating Fuel
|
Natural Gas |
Heating Type
|
Forced Air |
Stories Total
|
3 |
Size Interior
|
1500 - 2000 Sqft |
Type
|
House |
Utility Water
|
Municipal Water |
Parking
Land
Acreage
|
No |
Land Amenities
|
Hospital, Park, Public Transit |
Sewer
|
Sanitary Sewer |
Size Depth
|
100 Ft |
Size Frontage
|
65 Ft |
Size Irregular
|
65 X 100 Ft |
Size Total Text
|
65 X 100 Ft |
Zoning Description
|
R2 |
Rooms
Level |
Type |
Length |
Width |
Dimensions |
Second Level |
Kitchen |
3.82 m |
3.27 m |
3.82 m x 3.27 m |
Second Level |
Bedroom |
4.16 m |
3.09 m |
4.16 m x 3.09 m |
Second Level |
Bedroom 2 |
3.7 m |
3.15 m |
3.7 m x 3.15 m |
Second Level |
Bedroom 3 |
3.85 m |
2.32 m |
3.85 m x 2.32 m |
Third Level |
Family Room |
2.75 m |
2.65 m |
2.75 m x 2.65 m |
Basement |
Other |
7.71 m |
2.85 m |
7.71 m x 2.85 m |
Basement |
Laundry Room |
5.84 m |
3.85 m |
5.84 m x 3.85 m |
Basement |
Utility Room |
7.69 m |
2.82 m |
7.69 m x 2.82 m |
Main Level |
Kitchen |
4.04 m |
3.84 m |
4.04 m x 3.84 m |
Main Level |
Living Room |
4.69 m |
3.77 m |
4.69 m x 3.77 m |
Main Level |
Primary Bedroom |
3.76 m |
3.66 m |
3.76 m x 3.66 m |
Main Level |
Foyer |
2.97 m |
2.05 m |
2.97 m x 2.05 m |
Utilities
Cable
|
Available |
Sewer
|
Installed |